Good evening speculator101, good post and thanks. As to your question re: UML's unsold gold, I'm sure they wouldn't be liking the current gold price at all and especially given that Mr. McIlwain was buying just recently at about 10.5 cents!!
I certainly hope that more companies that are financially able to hold onto their gold do so,for a time,if only to make a point.
I've seen this companie's SP collapse before from much higher levels on HUGE volume so this current fall on such ****weak turnover really irks me.
The chart would seem to indicate that .065 may be where we bounce from and I sincerely hope so.
Anyway, as we're now only valued at cash on hand, gold on hold and bonds I'd say it's a HUGE buying opp.
Good luck should you decide to dip your toe in speculator and also to to all my fellow patient but battered holders.
Cheers,
Audacious.
- Forums
- ASX - By Stock
- new all time low closing price of 7.5 cents!
Good evening speculator101, good post and thanks. As to your...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)